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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (2,389,349) $ (2,970,569)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 191,398 127,726
Interest expense on convertible debt 0 8,354
Interest expense on PPP loan 0 1,101
Loss on disposal of asset 0 2,180
Bad debt expense 51,536 30,000
Inventory obsolescence 29,834 75,422
Share-based compensation 623,440 491,069
Noncash lease expense 61,629 57,880
Loss on equity method investment 278,904 0
Changes in operating assets and liabilities:    
Accounts receivable (279,229) (112,301)
Inventory (419,979) (191,595)
Prepaid - related parties 0 (50,970)
Prepaid and other assets 114,707 (310,666)
Accounts payable 42,318 (197,709)
Accounts payable - related parties (166,081) (66,346)
Accrued royalties and expenses 25,327 333,731
Accrued liabilities 239,650 40,502
Net cash used in operating activities (1,595,895) (2,732,191)
Cash flows from investing activities:    
Purchase of property and equipment (25,446) (57,456)
Purchase of intangible assets 0 (1,100,000)
Investment in equity securities (3,184,278) 0
Net cash used in investing activities (3,209,724) (1,157,456)
Cash flows from financing activities:    
Draw on line of credit 800,000 0
Pay off line of credit (800,000) 0
Proceeds from PPP Loan 0 583,000
Public offering net proceeds 28,939,257 0
Distribution to noncontrolling interest shareholders (200,000) 0
Net cash provided by financing activities 28,739,257 583,000
Net increase (decrease) in cash 23,933,638 (3,306,647)
Cash, beginning of period 455,366 6,611,928
Cash, end of period 24,389,004 3,305,281
Cash paid during the period for:    
Interest 711 0
Income taxes 0 0
Supplemental noncash investing and financing activities:    
Common stock issued for conversion of Series F Preferred Stock 0 11,368,150
Common stock issued for conversion of related party debt and interest 0 1,611,911
Common stock issued for asset acquisitions 1,750,000 750,000
License agreement as capital contribution from noncontrolling interest member $ 93,879 $ 0